CREA Updates Resale Housing Forecast

Ottawa, ON, June 17, 2013 – The Canadian Real Estate Association (CREA) has updated its forecast for home sales activity via the Multiple Listing Service® (MLS® Systems) of Canadian real estate Boards and Associations in 2013 and 2014.

Most Canadian housing markets have been evolving as anticipated since CREA’s last forecast released in March. National sales activity has held fairly stable since it moderated last August in the wake of changes to mortgage lending rules and guidelines.

For more information, please contact:

Pierre Leduc
Media Relations / Relations auprés des médias
The Canadian Real Estate Association / L’Association canadienne de l’immeuble
200 Catherine Street, 6th Floor / 200, rue Catherine, 6e étage    Ottawa, ON K2P 2K9
Tel/Tél:+1 (613) 237-7111   Fax/Téléc:+1 (613) 234-2567

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